Asian stocks subdued, dollar hovers near 9-month high
TOKYO, Oct 24 (Reuters) - Asian stocks were subdued early on Monday after Wall Street's sluggish performance at the end of last week, while the dollar hovered …
Strong growth for Sri Lankan telcos, despite higher taxes: Fitch
Oct 21, 2016 (LBO) - Fitch Ratings said Sri Lanka Telecom rating of B+/Negative/AAA(lka)/Stable and Dialog Axiata PLC AAA(lka)/Stable will remain steady …
World Bank raises 2017 forecast for crude oil to USD55 per barrel
Oct 21, 2016 (LBO) - The World Bank is raising its 2017 forecast for crude oil prices to 55 US dollars per barrel from 53 per barrel following OPEC's …
Asia stocks slip as stronger dollar weighs on crude oil prices
TOKYO, Oct 21 (Reuters) - Asian stocks were mostly lower on Friday as the dollar climbed to seven-month highs against a basket of currencies and dragged down …
UNDP allocates USD 38mn to support dry zone communities in Sri Lanka
Oct 20, 2016 (LBO) - The United Nations Development Programme announced the commencement of a 38. online pharmacy buy abilify with best prices today in the USA …
Sri Lankan rupee edges down on importer dollar demand, foreign bond sale
COLOMBO, Oct 20 (Reuters) - The Sri Lankan rupee edged down on Thursday on importer dollar demand and as foreign investors sold bonds in the absence of central …
Fitch Rates Nations Trust Bank’s Subordinated Debt Final ‘A- (lka)’
(PRESS RELEASE) - Fitch Ratings-Colombo-19 October 2016: Fitch Ratings has assigned Nations Trust Bank PLC's (NTB: A(lka)/Stable) issue of subordinated …
Commercial Bank honoured in USA& Hong Kong
(PRESS RELEASE) - As the financial year draws to a close, the Commercial Bank of Ceylon has been presented with two more significant global awards in …
Asian stocks ride US momentum, oil near 15-month high
SINGAPORE, Oct 20 (Reuters) - Asian stocks advanced on Thursday, propelled by strong U.S. earnings and oil prices near a 15-month high, as the third and final …
Asian shares manage muted cheer for China growth
SYDNEY, Oct 19 (Reuters) - Asian shares held early gains on Wednesday as a barrage of Chinese data confirm the economy had stabilised on the back of government …
Asian stocks lifted by firmer oil prices; dollar steady
HONG KONG, Oct 18 (Reuters) - Asian stocks crept up on Tuesday thanks to a rebound in oil prices and the dollar consolidated recent gains although underlying …
Fitch downgrades PABC, Affirms four small and mid-sized banks
Oct 17, 2016 (LBO) - Sri Lanka Fitch has downgraded Pan Asia Banking Corporation's (PABC) National Long-Term Rating to 'BBB-(lka)' from 'BBB(lka)' and …
Commercial Bank’s Rs5bn debenture issue opens on Oct 24
Oct 17, 2016 (LBO) - Sri Lanka's Commercial Bank of Ceylon second issue of debentures for 2016 is to open on 24th October, the bank said in a statement. The …
Asia stocks, dollar edge up on China inflation data relief
TOKYO, Oct 14 (Reuters) - Asian stocks and the dollar bounced on Friday, erasing some losses from the previous day, as stronger-than-expected Chinese inflation …
FDI key for trade and export growth: Chinese Minister
Oct 13, 2016 (LBO) - Foreign direct investment (FDI) plays a very important role for a country to develop its trade and export growth, a senior Chinese …
Asia stocks weak with Dec rate hike still on cards
HONG KONG, Oct 13 (Reuters) - Asian stocks held near three-week lows and the greenback consolidated recent gains on Thursday after minutes of the last U.S. …
Asia Capital, Japan’s Belluna in USD 50mn real-estate project
Oct 12, 2016 (LBO) - Sri Lanka's Asia Capital and Japanese Belluna company announced the launch of an apartment development project with an investment of 50 …
Social, environmental considerations a must in trade: World Export forum
Oct 12, 2016 (LBO) - Trading countries should look at multilateral levels with regional trade agreements alongside transformation in investment, trade and …
Sri Lanka GSP plus talks to commence in Brussels: PM
Oct 12, 2016 (LBO) - Sri Lankan premier Ranil Wickremesinghe said that he will be traveling to Brussels shortly for the Generalized System of Preferences (GSP) …
Asia shares slip as US earnings disappoint, dollar gains
TOKYO, Oct 12 (Reuters) - Asian shares flirted with three-week lows on Wednesday after a dour start to Wall Street's corporate earnings season knocked U.S. …